Sunday, 21 September 2014
Last updated 1 day ago
Apr 19 2010 | 12:45pm ET
British insurer Pension Corp. has quintupled its allocation to hedge funds and private equity as it seeks to diversify its £3.5 billion portfolio.
The firm, which insures pension liabilities, has boosted its alternative investments to £100 million, Reuters reports. Pension Corp. first invested in hedge funds and private equity funds two years ago, putting £20 million into the asset classes.
And the insurer isn’t stopping there, having set a 10% allocation to hedge funds and p.e., or £350 million.
Pension Corp. is also making a big move into property, allocating its first £100 million to the asset class.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.